Market Makers - Gary Jonas - The Cycle End Is Now
Friday, August 17
Gary Jonas was asked when he expects this real estate cycle to turn and what he will do. His observations were very accurate as he believes the high end apartment market is softening as we speak. He believes short term there will be a high end apartment reduction in demand and an increase of ho...
Hard Money - Approvals and Speed Of Funding
Thursday, August 16
Hard money is known as money that can be acquired fast and with out much red tape. The purest of hard money lenders are truly asset based and can approve a loan usually within an hour of receiving the information of the asset. People use hard money for a lot of reasons and because speed is one ...
MiddleMen Podcast - Choosing A CRM
Wednesday, August 15
A lot of new and old business struggle to keep a good contact base in place that they use consistently. When deciding on a system that will work for your business, you need to make sure it is one that is easy to use. If you have a piece of software that is clunky and hard to figure out, the cha...
Hard Money Bankers - Estimating Construction Costs
Tuesday, August 14
Estimating construction costs on a renovation project tends to be a spot where a lot of new investors get stuck. It becomes especially confusing when they can't enter a property being sold at auction. What we have seen over time is that the majority of flips tend to have a similar range of numb...
Councilman Allan Domb - Tax Abatement
Friday, August 10
Councilman Allan Domb is extremely aware of what the city of Philadelphia needs in order to improve. He is really passionate about some key issues that would have large impacts on the local economy. One of the largest debates is the Philadelphia 'Tax Abatement'. In this video he goes over the ...
Hard Money Bankers - Code Found In The Numbers
Thursday, August 09
When someone sends me a project for review, I always try to send them back a max comfort level that I am willing to lend at. I am usually around 65% of what I believe the ARV is. When I send these numbers back to someone, it is usually in a spread sheet that shows the cost break down for the loan...